THE PETERSEN REAL ESTATE TEAM | Wayzata, MN

The market is moving ... seize your opportunity!

July 2010: Twin Cities market statistics continue to trend positive overall with all price ranges gaining momentum. Market knowledge and pricing strategy are the keys to making a smart purchase and getting your house sold. With low interest rates and inventory still higher than average, we feel that this is a good time to but AND a good time to sell. We are constantly tracking and adapting with the changing market to help our clients acheive their goals. Most of our clients are in Minneapolis and the West / SW suburbs with a concentration around Lake Minnetonka - we know the intricacies of each local market and we know the strategies to help both buyers and sellers make the most of their opportunities.

Our track record speaks for itself, in 2008, we were involved with 30.8% of all direct lakeshore transaction volume on the eastern half of Lake Minnetonka over $1 million. In 2009, we were involved in 21% - with total volume of $20,014,525 - despite the slow market. Contact us for an analysis of your best options.

Team background: Gary Petersen, a lifetime resident of the Twin Cities, began his real estate career as a custom home builder in 1976 before moving to residential sales in 1979, quickly achieving high levels of success. In 1982 he was asked to be one of the founding members of Coldwell Banker Burnet's Distinctive Homes Division which has become the Twin Cities' top group of agents geared toward the Upper Bracket real estate market. Since 1997, he has been in the President's Club of Coldwell Banker Burnet - the top brokerage in the Twin Cities. Through the years, he has worked very hard to maintain this high level of personal service - and life-long friendships have followed.

We office at the Lake Minnetonka area’s #1 real estate office, Coldwell Banker Burnet, Wayzata and also resides in downtown Wayzata - with the core of his business in the Lake Minnetonka area. Other team members include: Ian Petersen, Gary's son, as the team marketing director and as a sales associate with an extensive urban housing background. Dianna Kestner, as a sales associate specializing in the outlying western suburbs as well as greater Minnesota and northern Wisconsin. Lauren Wyman, as a sales associate with a strong focus on the Lake Minnetonka area. Finally, Al Kestner is the team's concierge director in charge of coordinating house repairs, moves, remodel projects and anything our clients might need. Learn more in the meet the team page.

The Petersen Real Estate Team serves a distinguished local client base and has first-hand expertise in the following specialty areas:
  • Lake property, Land aquisition, Investment property
  • Corporate relocation
  • Home remodeling and Staging - Cost versus Value consulting
  • New construction, Builder representation, Land development and sales
These time-honed skills provide a cutting edge advantage when working with the Petersen Real Estate Team.

We consider it a privilege to become your personal real estate consultants.

Client references available, upon request.

GARY PETERSEN, 952-451-0284 | IAN PETERSEN, 612-910-6005

17245 3rd Avenue N, Plymouth, MN 55447
17245 3rd Avenue N
Plymouth, MN 55447
MLS# 3897654
3 BR / 2 BA  2,558 Sq Ft
$439,900
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   Featured Properties See more listings    
18xxx Breezy Point Road, Wayzata, MN 55391
Peaceful Lake Minnetonka Estate on Wayzata Bay | To Be Built...
18xxx Breezy Point Road
Wayzata, MN 55391
5 BR / 8 BA
Year Built: 2010
8,470 Sq Ft
$8,450,000
More Details
2855 Woolsey Lane, Woodland, MN 55391
Peaceful Lake Minnetonka Estate Site on Wayzata Bay | A Very Special Opportunity .....
2855 Woolsey Lane
Woodland, MN 55391
BR / BA $4,950,000
More Details
2795 Pheasant Road, Orono, MN 55331
Luxurious Quality Surrounds | Sweeping Lake Minnetonka Views | 2002 Built Parade Home
2795 Pheasant Road
Orono, MN 55331
4 BR / 6 BA
Year Built: 2002
9,591 Sq Ft
$4,750,000
More Details
1200 Highway 7, Victoria / Excelsior, MN 55331
Pristine Privacy on Smithtown Bay | Unparalleled Setting | 2004 Complete Renovation
1200 Highway 7
Victoria / Excelsior, MN 55331
4 BR / 4 BA
Year Built: 1930
4,085 Sq Ft
$3,495,000
More Details
2118 Shadywood Road, Orono, MN 55391
NON-MLS | Stunning Quality New Construction | Crystal Bay Lakeshore in Orono
2118 Shadywood Road
Orono, MN 55391
5 BR / 5 BA
Year Built: 2008
5,837 Sq Ft
$2,795,000
More Details
1470 Cherry Place, Orono, MN 55391
NEW CONSTRUCTION | Lake Minnetonka Lakeshore | Meticulous Design & Details
1470 Cherry Place
Orono, MN 55391
5 BR / 5 BA
Year Built: 2008
5,231 Sq Ft
$2,195,000
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20 Clay Cliffe Drive, Tonka Bay, MN 55331
CLAY CLIFFE, Lake Minnetonka's only gated community | Complete Remodel | 40' Dock
20 Clay Cliffe Drive
Tonka Bay, MN 55331
6 BR / 7 BA
Year Built: 1987
8,945 Sq Ft
$1,995,000
More Details
2468 Lafayette Road, Minnetonka Beach, MN 55391
Historic Minnetonka Beach | Classic Lake Home | Old World Charm and Character
2468 Lafayette Road
Minnetonka Beach, MN 55391
5 BR / 4 BA
Year Built: 1910
5,145 Sq Ft
$1,995,000
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1345 Rest Point Lane, Orono, MN 55364
Lake Minnetonka | Level Lakeshore | West Sunsets | Stunning Quality | Elegant Decor
1345 Rest Point Lane
Orono, MN 55364
5 BR / 5 BA
Year Built: 2006
6,842 Sq Ft
$1,895,000
More Details
4847 Woolman Court, Minnetonka, MN 55345
New Construction | Call for more information... Gary, 952-451-0284
4847 Woolman Court
Minnetonka, MN 55345
4 BR / 5 BA
Year Built: 2010
5,000 Sq Ft
$1,750,000
More Details
10 Clay Cliffe Drive, Tonka Bay, MN 55331
CLAY CLIFFE, Lake Minnetonka's only Gated Community | 2002 Built | 32' Dock
10 Clay Cliffe Drive
Tonka Bay, MN 55331
5 BR / 8 BA
Year Built: 2002
5,540 Sq Ft
$1,495,000
More Details
36xx Le Rive Way, Chaska, MN 55318
____________________ Lake Bavaria | New Construction, To-Be-Built | High Quality Finishes and Design
36xx Le Rive Way
Chaska, MN 55318
4 BR / 4 BA
Year Built: 2010
3,615 Sq Ft
$1,490,000
More Details
230 Manitoba Ave., #South Condo, Wayzata, MN 55391
Downtown Wayzata | New Construction | Comfortable, Quality, Location
230 Manitoba Ave., #South Condo
Wayzata, MN 55391
2 BR / 3 BA
Year Built: 2009
2,000 Sq Ft
$1,395,000
More Details
2340 Abingdon Way, Orono, MN 55391
NON-MLS | Surrounded By Nature | 3+ Acres | Pool | Large Walkout Two Story
2340 Abingdon Way
Orono, MN 55391
5 BR / 4 BA
Year Built: 1988
6,062 Sq Ft
$1,350,000
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230 Manitoba Ave., #North Condo, Wayzata, MN 55391
Downtown Wayzata | New Construction | Comfortable, Quality, Location
230 Manitoba Ave., #North Condo
Wayzata, MN 55391
2 BR / 3 BA
Year Built: 2009
2,000 Sq Ft
$1,100,000
More Details
2765 Marsh Way, Minnetonka, MN 55391
Sweeping Vistas over Minnehaha Creek Wetlands | Incredible Quality | Location, Location, Quality
2765 Marsh Way
Minnetonka, MN 55391
4 BR / 3 BA
Year Built: 1985
4,600 Sq Ft
$995,000
More Details
IVY Hotel + Residence, 201 S. 11th Street, #1520, Minneapolis, MN 55403
Downtown's Newest and Finest Lifestyle Condo
IVY Hotel + Residence
201 S. 11th Street, #1520
Minneapolis, MN 55403
2 BR / 2 BA
Year Built: 2009
2,053 Sq Ft
$899,000
More Details
Upcoming in Orono, Orono, MN 55391
UPCOMING in Orono | Call for more information... Gary, 952-451-0284
Upcoming in Orono
Orono, MN 55391
5 BR / 4 BA
4,500 Sq Ft
$799,999
More Details
2425 Dunwoody Avenue, Orono, MN 55391
LAKE MINNETONKA CLASSIC | Stunning value | SW vistas | Spacious and updated home
2425 Dunwoody Avenue
Orono, MN 55391
5 BR / 2 BA
Year Built: 1900
3,611 Sq Ft
$799,000
More Details
3300 Eagle Bluff Road, Minnetrista, MN 55364
LAKE MINNETONKA | GRAND VISTAS | STUNNING RENOVATION
3300 Eagle Bluff Road
Minnetrista, MN 55364
3 BR / 3 BA
Year Built: 1983
3,366 Sq Ft
$729,000
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7321 Tamarack Trail, Victoria, MN 55386
New Construction, To-Be-Built | Tamarack Lake Views | Walkout site | Established Neighborhood
7321 Tamarack Trail
Victoria, MN 55386
4 BR / 4 BA
Year Built: 2010
2,806 Sq Ft
$679,000
More Details
4297 160th Street NW, Clearwater Township, MN 55320
HISTORIC FARM PROPERTY | 40 Picturesque Acres
4297 160th Street NW
Clearwater Township, MN 55320
3 BR / 2 BA
Year Built: 1920
2,700 Sq Ft
$649,000
More Details
7381 Tamarack Trail, Victoria, MN 55386
SPECTACULAR VALUE - ALMOST NEW
7381 Tamarack Trail
Victoria, MN 55386
4 BR / 4 BA
Year Built: 2006
2,822 Sq Ft
$575,000
More Details
3340 Olive Lane N., Plymouth, MN 55447
STUNNING UPDATES | Privacy | High Demand Heather Run | 5 Bedrooms | Walkout two story
3340 Olive Lane N.
Plymouth, MN 55447
5 BR / 4 BA
Year Built: 1994
3,664 Sq Ft
$549,000
More Details
17245 3rd Avenue N, Plymouth, MN 55447
Kingswood Detached Townhome | Wetland Views | Private Setting |Open Feel
17245 3rd Avenue N
Plymouth, MN 55447
3 BR / 2 BA
Year Built: 1980
2,558 Sq Ft
$439,900
More Details
5904 Walnut Drive, Edina, MN 55436
Walkout Rambler in Edina | Expansive 9-Mile Creek Wetland Vistas | Quiet Cul-de-sac
5904 Walnut Drive
Edina, MN 55436
4 BR / 3 BA
Year Built: 1968
2,872 Sq Ft
$419,500
More Details
IVY Hotel + Residence, 201 S. 11th Street, #1840, Minneapolis, MN 55403
Downtown's Newest and Finest Lifestyle Condo
IVY Hotel + Residence
201 S. 11th Street, #1840
Minneapolis, MN 55403
1 BR / 1 BA
Year Built: 2009
875 Sq Ft
$349,900
More Details
4644 Cedar Ave. S #102, Minneapolis, MN 55407
Charming Condo near Lake Nokomis!
4644 Cedar Ave. S #102
Minneapolis, MN 55407
1 BR / 1 BA
Year Built: 1982
725 Sq Ft
$95,200
More Details
xxx Carrier Road, Bayfield, WI 54814
Lake Superior Vistas
xxx Carrier Road
Bayfield, WI 54814
BR / BA $49,900
More Details
 

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